CHINESE tech massive Lenovo maintained that it maintains to outperform the worldwide PC

CHINESE tech massive Lenovo maintained that it maintains to outperform the worldwide PC market notwithstanding declining call for for PCs and intends to stay on pinnacle of the industry through making an investment in innovation, mainly in artificial intelligence, robotic and cloud computing.

“In terms of the PC and tablet market, we keep growing and outperform the PC market,” Reggie Borja, Lenovo representative, said in a forum on the Edsa Shangri-La on Wednesday.

“It is a declining marketplace however we continue to overcome the manner,” he said, noting that Lenovo’s $500- million tech startup fund, Lenovo Capital and Incubator Group (LCIG), has already invested in 40 startups to power innovation only a yr after its release.

Borja stated that for 32 instantly quarters, Lenovo has been leading the enterprise in terms of marketplace share. From a market proportion of 11.9 percent in 2010/2011, Lenovo raised that to 21 percentage via 2015/2016 and to 21.4 percentage in 2016/2017.

Data from the International Data Corporation (IDC) confirmed that within the first zone of this year, international shipments of conventional PCs totaled 60.3 million devices, an growth of 0.6 percent yr-on-12 months, representing the primary increase for the reason that first sector of 2012. HP took lower back the pinnacle spot for the primary time because Q1 2013 with a 21.Eight percentage market percentage, with Lenovo dropping to 2d spot with a 20.Four percent marketplace proportion, in line with IDC.

Borja burdened that Lenovo will now not prevent in PCs and their servers. “We want to provide you with new products and services to cater to consumers’ wishes. We are making an investment 1/2 1000000000 greenbacks to force new innovation and we want to sell sustainable improvement of this commercial enterprise opportunities,” he stated.

JERUSALEM: Israel’s Mossad

JERUSALEM: Israel’s Mossad spy employer is starting a fund to put money into generation companies developing products that might assist its work, inclusive of the ones involving robotics and encryption, the prime minister’s office stated Tuesday.

The fund, to be known as Libertad, will put money into research and improvement programmes at “cutting-edge technology startup businesses,” a announcement said.

It said it become calling on corporations to submit proposals, specially in areas along with robotics, encryption and character profiling.

The statement said Mossad could not publicise the names of the firms wherein it invests.

It said Libertad could be open to each person and provided an e-mail cope with to submit proposals
(practice@libertad.Gov.Il), including that it might provide up to two million shekels ($570,000, 500,000 euros) for projects.
More may be granted for extraordinary instances, it stated.

It will now not act as a standard investor.

Libertad will no longer keep equity within the firms in which it invests and will instead receive a licence to apply the era evolved, it stated.

The CIA inside the United States has created a similar investment fund, referred to as In-Q-Tel.

Israel is seen as a international leader inside the era industry, specifically concerning cyber-defence.

Libertad became the call of a deliver that carried Jewish emigrants to what became then British-mandate Palestine in 1940 earlier than the creation of the country of Israel.